The price hit a resistance area at 1.6590 levels and rebounded from it clearly, therefore we expect it to descend, targeting 1.6350 levels, where the closest support. The sell-off is available from the current levels with attention to the 1.6630 level, where breaking it means failure of the analysis.
Trade active
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.